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TikTok Business Model - What Makes It So Popular

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  • čas přidán 24. 04. 2020
  • TikTok is in the spotlight as its popularity grows, becoming a real threat to older social media platforms. It is also very divisive and politicians are starting to look into it. So what exactly makes TikTok so insanely popular? The answer is in this video.
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    #TikTok #Business #Model

Komentáře • 129

  • @BusinessDisruptors
    @BusinessDisruptors  Před 3 lety +3

    🚀 Learn business strategy to differentiate and grow your company:
    👉 disruptors.academy/business
    🎞 NEW! Learn How to Succeed with Video Content on TikTok, Instagram and CZcams:
    👉 disruptors.academy/video-strategy

  • @danielquaranta868
    @danielquaranta868 Před 4 lety +92

    Not just an amazing breakdown, i actually cleared up my mind about how to write a business model down. Thanks.

  • @bravo1oh1
    @bravo1oh1 Před 4 lety +29

    Amazing break down. So detailed. Thank you

  • @auracaraballov
    @auracaraballov Před 4 lety +11

    This business review is so valuable. Thank you for taking the time to create it and share it!

  • @AA-zv3nf
    @AA-zv3nf Před 4 lety +5

    Thank you for the excellent breakdown and analysis. I always think CZcams has a very different buisness model focusing on longer and deeper content.
    Tik tok is mostly competing with instagram, Facebook and Snapchat. In Tik tok, you can still have a network of friends with the ability to brows their profile, follow people, comment, and search for videos. So it incorporates all the features of competing social networks.
    What makes it special is the recommendation algorithm and giving you videos without the need to search for what you think you want to search for. Contrary to popular belief , people actually don’t like choices and options, they unconsciously would rather someone makes the choices for them and Tik Tok is aware of that. There is an excellent book on this topic called “The paradox of choice” that I recommend reading

  • @moviesovermatterproductions

    You are sensational! Thank you so much for making this video🌹👏🏾 hope all is well with you and you are SO APPRECIATED

  • @nicoqueijo
    @nicoqueijo Před 4 lety +2

    This channel deserves 1M subscribers

  • @Knowledge_Nuggies
    @Knowledge_Nuggies Před 4 lety +49

    With the "organic discovery" feature TikTok also qualifies for Christensen's definition of a disruptive innovation as the established platforms (CZcams, Instagram etc.) would destroy their existing market (advertising), if they copied it spot-on. In this context, one must keep in mind that they only damp organic reach in order to sell more ads. That's why they can only half-ass their imitation attempts which is obviously not enough, because size and timing are the ciritical factors in platform business. Right now, the big boys of the video platform business are at the epicenter of the "innovator's dilemma". It will be interesting to observe how that plays out...
    Will they go all in, keep half-assing or surrender to TikTok? Will they be able to co-exist? I think they can, because I - as a consumer - WANT to choose the videos I watch (mostly educational videos like yours). So there is still a demand for platforms (like CZcams) where I can browse more freely. On the other side: If their algos become so ridiculously good that they eventually know which Ted talks etc. (if they even show such long videos on TikTok at all) I wanna watch, do I even need a search function like CZcams's anymore? Difficult question. They will lose A LOT of market share to TikTok though at least in the market for short videos, because TikTok perfectly makes use of the trend of diminishing attention spans and craving for instant stimulation.
    I'm also wondering how the political or legal factor will play into this. Will Governments intervene for protection of privacy (or other reasons)? Will big corporates try lawsuits, IP protection etc., maybe even team up to stop them? Questions over questions...

    • @BusinessDisruptors
      @BusinessDisruptors  Před 4 lety +4

      True, and platforms can co-exist because the format of videos is different so people will keep using them all. But still, they all compete for attention to show more ads. So if new platforms take away some of this attention, it will have an impact on their revenues.

    • @perths
      @perths Před 4 lety +4

      TikTok's designed for the younger audience hence the fast-paced nature. It would be interesting to see how they can transition to older age groups.

    • @dejrand
      @dejrand Před 3 lety +1

      Hit it right on the spot. I'm tryna do this method of organic discovery with photos too. My apps called Gala

    • @donaldjohnson257
      @donaldjohnson257 Před 3 lety +2

      .......What will be the new "Holy Grail" when instant gratification becomes too slow?!

    • @Jonnelss
      @Jonnelss Před rokem

      And then Boom, 3 years later, Shorts, Reels and TikTok are all on the same level, all equally addictive, but with different types of content.

  • @kwoneunbie_0780
    @kwoneunbie_0780 Před 3 lety +8

    As an artist, tiktok is very useful. It motivates me and also opens a lot of oppurtunities for me

  • @yudhistiraadinugrahahutaba6797

    just discover your channel
    Its amazing 👍👍👍

  • @arrehman11
    @arrehman11 Před 4 lety +4

    Very well explained, i really liked this informative video.

  • @tejasshetty1789
    @tejasshetty1789 Před 4 lety +7

    Oh after long time , nice 😍

  • @DhavalDhruv
    @DhavalDhruv Před 4 lety +3

    I have already taken this course and it is amazing course.

  • @MsShorta
    @MsShorta Před 3 lety +1

    Amazing video. Have been following you for a while now and yours are the most amazing content I have found so far. And I watch a lot. Just bought your course now

  • @dopeboy187
    @dopeboy187 Před 2 lety +1

    Thanks

  • @mimounaghraraou3099
    @mimounaghraraou3099 Před 4 lety +3

    Great content, Glad I found you in the jungle of CZcams lol. Could you kindly make some videos about how to find disruptor business models in tourism? Thank you.

  • @bereketmolla7125
    @bereketmolla7125 Před 3 lety +2

    ...has a dark side, which is.... wait for it....." China "
    laughed my lungs out!

  • @bimsaragunarathna2900
    @bimsaragunarathna2900 Před 3 lety +1

    Just subscribed. U really did u're research❤️👊 great content

  • @hemantbhamare3783
    @hemantbhamare3783 Před 4 lety +6

    Really an informative stuff!
    Talking about the entry barriers (where Tiktok is nailing it) for CZcams and Instagram, one of them is efforts required for Discovery and the other one is Audio Copyright restriction. Naive creators can neither afford the cost of discovery at first nor he will have resources to create his own background audio to make video more interesting to hear. This is sort of a deadlock to pull amateur creators. If these two things are sorted, I think they can still compete strongly.
    Odds in favor of CZcams / Instagram:
    1. No Chinese tag
    2. User has control over choosing the content and choice to follow the recommendations rather than being forced to watch (anti-democratic)
    3. CZcams covers all the genres of the video content having Entertainment is one of them which tiktok is targeting
    4. Most of the audience is allergic to censorship on web so CZcams is comparatively liberal and hold them together :)

    • @BusinessDisruptors
      @BusinessDisruptors  Před 4 lety +1

      Agree. I'm not going to TikTok for now because of some of these reasons. But I do watch stuff on it casually

  • @KenLS
    @KenLS Před 2 lety

    Nice analysis !

  • @moonlightmelodrama
    @moonlightmelodrama Před 10 měsíci

    A primo analysis of TikTok.

  • @Thomas.Makinwa
    @Thomas.Makinwa Před 4 lety +1

    Highly insightful.
    Thank you

  • @jesusisking33ad
    @jesusisking33ad Před 4 lety +1

    Excellent business insight. BTW purchased your course to learn more and further support your contributions!

  • @DraPerkinsLegend
    @DraPerkinsLegend Před 4 lety +1

    Please do one of doordash/postmates or uber eats. Still can't figure this one out. Great content btw!

  • @lummersky3206
    @lummersky3206 Před rokem

    Great video!

  • @pakomoshaga8278
    @pakomoshaga8278 Před rokem

    Well articulated. Thank you

  • @Danumurti18
    @Danumurti18 Před 4 lety +1

    Your contents are amazing.. thank you!

  • @arthurkearney6193
    @arthurkearney6193 Před 2 lety

    Very good depth, thanks you

  • @littleh8321
    @littleh8321 Před 4 lety +2

    Do you think you can flip Tik tok accounts like Instagram and would it work??

  • @Kinglos614
    @Kinglos614 Před 3 měsíci

    I hope your still doing videos you are good at it

  • @arirahmati3079
    @arirahmati3079 Před 4 lety +1

    Amazing breakdown. Please do more

  • @vonmuego1384
    @vonmuego1384 Před 3 lety

    Just Subscribed here. What a Great Content! Very nice and very informative. Thanks for this and keep it up. :)

  • @Mukundwa
    @Mukundwa Před 2 lety

    this was a fabulous video!! thank you very much

  • @lisa._.the._.lovely
    @lisa._.the._.lovely Před 3 lety +4

    My 37 year old boss is absolutely obsessed with tiktok & I'm 22 with not one social media - she always is on it and tries to convince me to download it almost on a daily basis.
    I'm intrigued at the level of sudden popularity and controversy its captured in the public. I still don't find it alluring nor do I get the hype... most likely never will

  • @kengichu3882
    @kengichu3882 Před 4 lety +2

    More content please.Love the channel

  • @skully8767
    @skully8767 Před 3 lety

    business model explanations are valuable.

  • @jumperstartful
    @jumperstartful Před 3 lety +1

    Vanity, vanity, all is vanity.

  • @kevinleung3889
    @kevinleung3889 Před rokem

    Overall its' a great breakdown, except for one thing. Virtual currency itself is not a revenue stream, that's like saying US dollars is a revenue stream. The purpose of virtual currency is the tipping mechanics, and what becomes Tik Tok's revenue stream is the revenue sharing.

  • @deondrerose6817
    @deondrerose6817 Před 2 lety

    Great vid

  • @thrchannel5250
    @thrchannel5250 Před 3 lety +1

    I'm definitely one of the 3%

  • @Amitsharuma
    @Amitsharuma Před 4 lety +1

    Great Content .... Keep It Up

  • @wendellkirton3694
    @wendellkirton3694 Před 3 lety

    Thank you brother very interesting video I love it and i just learned a lot

  • @arianna5603
    @arianna5603 Před 3 lety

    I love it thank you so much!!

  • @sankofamode6862
    @sankofamode6862 Před 2 lety

    Is the a full business model canvas for tik tok that you can share?

  • @zuhriyuhyi
    @zuhriyuhyi Před 3 lety

    Wonderful analysis

  • @theprocrastinator2435
    @theprocrastinator2435 Před 2 lety

    Just maintaining tiktoks happy vibes is enough

  • @alinbejinaru1755
    @alinbejinaru1755 Před 4 lety +1

    I like this type of amazing video because learn a lot about innovative company and I like the song from the end of the video ,what is the name of the song ???

    • @BusinessDisruptors
      @BusinessDisruptors  Před 4 lety

      Thanks a lot! This song doesn't exist. I created it 15 years ago when I was doing music producing as a teenager. Just reused it here for fun

  • @bonitaaustin6627
    @bonitaaustin6627 Před 3 lety +2

    I enjoyed your video. You did a great job explaining how Tik Tok creates and captures value. It's interesting that roughly 4 months later, Walmart is attempting to purchase Tik Tok.

  • @ivanhilario3302
    @ivanhilario3302 Před 3 lety

    Dope video
    from:Mozambique

  • @didihendradi6127
    @didihendradi6127 Před 3 lety

    So many thanks

  • @aungkyawnaing2814
    @aungkyawnaing2814 Před rokem

    Wait for it ...... "CHINA".
    That sound LOL ;-)

  • @momentum6274
    @momentum6274 Před 4 lety +1

    Que buen contenido, necesitas comentarios en español para aumentar tu comunidad.

  • @muhammadfarhan3074
    @muhammadfarhan3074 Před 4 lety +1

    Tiktok ads showed up while I am watching this video

  • @6PinkRabbits
    @6PinkRabbits Před 3 lety +1

    this was incredibly insightful, thank you!

  • @ShyamSakhare
    @ShyamSakhare Před 3 lety

    very informative content

  • @Ericmau41
    @Ericmau41 Před 4 lety

    You did good!

  • @smolcat3029
    @smolcat3029 Před 3 lety

    thank you so much for this insightful video! needed this for my business research paper , thanks a lot!!

  • @ElijahsThrone
    @ElijahsThrone Před 3 lety

    Great Video :O

  • @simiano
    @simiano Před 4 lety

    Wish you could make a video about Eventbrite, explains the business model.

  • @nathanracines4831
    @nathanracines4831 Před 4 lety

    Is the course on teachable the same with your Business Model Innovation curse on Udemy? What are the differences?

    • @BusinessDisruptors
      @BusinessDisruptors  Před 4 lety

      Hi, it's exactly the same course on both platforms and there are no differences.

  • @omaridavis8088
    @omaridavis8088 Před 3 lety +1

    If he sneaks a new one, I will destroy it too.. That's hilarious!!

  • @victorgregory8867
    @victorgregory8867 Před 2 lety

    bro i love it

  • @dr_trader2332
    @dr_trader2332 Před 3 lety

    Plz 🙏🏾do a video about snapchat because it actually seems like it's no dying with a userbase of 500m users

  • @basiwbasiw4320
    @basiwbasiw4320 Před rokem

    👍👍 👍 cool

  • @user-wr4yl7tx3w
    @user-wr4yl7tx3w Před rokem

    May be the section on how exactly TikTok makes money could have been longer.

  • @dr_trader2332
    @dr_trader2332 Před 3 lety

    What is snapchat business model

  • @wendellkirton3694
    @wendellkirton3694 Před 3 lety

    Yes that what i loves about tiktok people beening selfs

  • @pvcvalley
    @pvcvalley Před 4 lety +6

    mfw its already too late to ride the tiktok wave. guess ima wait till the next big thing hits the einterwebz lel.

  • @givenbanda5092
    @givenbanda5092 Před 3 lety

    I have never seen an ad on tiktok 😐

  • @JiweiLi1314
    @JiweiLi1314 Před 4 lety +1

    Now in China, a lot of celebrities start to live stream while selling goods on Tik Tok's China version every day. There is a small icon like a basket on the bottom of the interface. When you click it, you will see a list of goods the live streamer has talked about. When you click on the good, you will be redirected to a Taobao page where you can buy it. They have made everything convenient, from convincing consumers to finally selling the goods.

  • @mac_w
    @mac_w Před rokem

    Very good but seems incomplete. Thanks anyway.

  • @djano_car
    @djano_car Před 4 měsíci

    Pas mal

  • @shanebaillargeon756
    @shanebaillargeon756 Před 2 lety

    Shane

  • @arminius6506
    @arminius6506 Před 3 lety

    I hate this app but yes, it's already a big thing and great business idea.

  • @altsider
    @altsider Před 3 lety +1

    I know a kid can become famous on TikTok but I dont like the contents (yet)... to me is all the same, what differ is the person

  • @prakashbhapkar4171
    @prakashbhapkar4171 Před rokem

    Sir is video Hindi mey creta kare plz

  • @fujinafiul6044
    @fujinafiul6044 Před 4 lety

    loved it

  • @tubbalcain
    @tubbalcain Před 3 lety +2

    Tiktok is the ultimate narcist platform.

  • @walhdamaskus2408
    @walhdamaskus2408 Před rokem

    Thats american way to beat their competetors: blackpaint and tackles ur opponents.

  • @deMontfort1
    @deMontfort1 Před 2 lety +3

    It will be interesting to see what damage has been done in 100 years. Honestly, this is the worst kind of objectification. Are we reduced to eyeballs? A kid has to have a REALLY strong character to turn away from such trivia or use their time more wisely.

  • @phoneemail2907
    @phoneemail2907 Před 3 lety

    Tiktok is popular becouse it promotes young content creators

  • @heros2580
    @heros2580 Před 2 lety

    low barrier for creativity. ouch

  • @gazza5232
    @gazza5232 Před 4 lety

    Merge??? Not aquition???

  • @Monstercycleryder
    @Monstercycleryder Před 3 lety

    Tik Tok is for chidren, will someone come up with something for adults.

  • @sumizuoomike
    @sumizuoomike Před 2 lety

    US gov is just jealous haha

  • @lmansur1000
    @lmansur1000 Před 2 lety

    It is addictive and that, to me, is not good...just like a drug!

  • @youtubeindian8604
    @youtubeindian8604 Před 3 lety

    banned in India

  • @TomeRodrigo
    @TomeRodrigo Před 3 lety

    Tio Tok is good for people with ADHD...

  • @zothanidubazane2893
    @zothanidubazane2893 Před 3 lety

    Tik tok is a circus...

  • @PeaceToUsAll
    @PeaceToUsAll Před 3 lety

    4:20 The statement that tik-tok celebrities are just "being themselves" while Instagram is full of hypocrites was the most contrived point I've heard in a while. Both platforms have shitty and good creators so unless you provide some kind of data to support your point please refrain from weird statements.

    • @BusinessDisruptors
      @BusinessDisruptors  Před 3 lety +1

      It changes fast. Agree that it's not so true anymore. But I still find it that there are more "authentic" videos on TikTok than on Instagram, but TikTok is getting more and more overpolished content

    • @PeaceToUsAll
      @PeaceToUsAll Před 3 lety

      @@BusinessDisruptors Thanks for the reply, Other than that great video though

  • @joisitta
    @joisitta Před rokem

    "the Dark thing is China"? Ur ton and comment certainly very offensive, not sure how much better your vedio would do to youth than TikTok lol!

  • @schuylermarkusgriseldis1845

    OMG, EXACTLY WHAT I NEEDED --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- i got free gift cards from 💜 *bestcards.online* 💜 *"**0:15**"* rvJ

  • @mertcoskun6476
    @mertcoskun6476 Před rokem

    0:23 Cheguei a conclusão que o AUTORIDADE SOCIAL é o melhor para comprar seguidores e curtidas para todas as redes sociais. Obrigado Autoridade Social

  • @akmalhossain8211
    @akmalhossain8211 Před rokem

    Ew4677y

  • @haroldbradford690
    @haroldbradford690 Před 4 lety +2

    Great video!

  • @eyokfla
    @eyokfla Před 3 lety

    Excellent video!